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« Last edited by jj1000 on March 14, 2018, 12:50:42 PM »

Author Topic: Chase Sapphire Visa  (Read 818216 times)

Offline rots5

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Re: How to churn Sapphire Preferred?
« Reply #1800 on: December 20, 2012, 09:55:42 AM »
Converting allows you to have 2 at the same time.
Not really only for around a month
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Offline rots5

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Re: How to churn Sapphire Preferred?
« Reply #1801 on: December 20, 2012, 09:56:27 AM »
Nope, he's correct.

Really?!  I thought Dan just wrote Ob the main site he has both and churns them regularly
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Offline AJK

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Re: How to churn Sapphire Preferred?
« Reply #1802 on: December 20, 2012, 09:56:41 AM »
Not really only for around a month

Nope again :)

I converted and have both.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline rots5

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Re: How to churn Sapphire Preferred?
« Reply #1803 on: December 20, 2012, 09:57:58 AM »
Nope again :)

I converted and have both.

Ok. I don't mind being wrong. I know more than. Thanks :-).  Big hows u keep em both after converting. And why would u then u dont get the sign up bonus for the either?! No? Am i wrong again?
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Offline AJK

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Re: How to churn Sapphire Preferred?
« Reply #1804 on: December 20, 2012, 09:58:28 AM »
Really?!  I thought Dan just wrote Ob the main site he has both and churns them regularly

You don't get points for the actual conversion, which as I understand it is what OP was asking (and what mmermss was answering).

You can resign up and get the bonus again.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline rots5

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Re: How to churn Sapphire Preferred?
« Reply #1805 on: December 20, 2012, 10:00:23 AM »
You don't get points for the actual conversion, which as I understand it is what OP was asking (and what mmermss was answering).

You can resign up and get the bonus again.

Oh. Ok. Gotcha.  So i guess i was right but misunderstood :-)

Also that means if i converted my visa to WMC 6 months ago can i sign up for a new visa and get the points?
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Re: How to churn Sapphire Preferred?
« Reply #1806 on: December 20, 2012, 10:08:02 AM »
Correct.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline mmermss

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Re: How to churn Sapphire Preferred?
« Reply #1807 on: December 20, 2012, 10:16:13 AM »
You don't get points for the actual conversion, which as I understand it is what OP was asking (and what mmermss was answering).

You can resign up and get the bonus again.
+1
That is exactly how I understood the OP's question
It's not about the quantity of your posts.  It's about the quality.

Offline Shmulyg

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Re: How to churn Sapphire Preferred?
« Reply #1808 on: December 20, 2012, 10:18:25 AM »
Converting allows you to have 2 at the same time.
So closing, waiting, and reopening works fine? And if yes, how long should one wait?

Offline mmermss

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Re: How to churn Sapphire Preferred?
« Reply #1809 on: December 20, 2012, 10:23:38 AM »
So closing, waiting, and reopening works fine? And if yes, how long should one wait?
Yes...30/60/90 days...depends what you wana do
It's not about the quantity of your posts.  It's about the quality.

Offline rots5

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Re: How to churn Sapphire Preferred?
« Reply #1810 on: December 20, 2012, 10:32:55 AM »
If you have any questions please search and then ask. PM me for detailed help.

Offline Shmulyg

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Re: How to churn Sapphire Preferred?
« Reply #1811 on: December 20, 2012, 10:36:00 AM »
Yes...30/60/90 days...depends what you wana do
Have the Visa. Just want to get the 40,000 again. Which time slot do i fall into? :)

Offline Redbull3

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Re: How to churn Sapphire Preferred?
« Reply #1812 on: December 20, 2012, 10:43:04 AM »
Have the Visa. Just want to get the 40,000 again. Which time slot do i fall into? :)

Why not convert to MC and apply for Visa? Worst case they will close the MC and transfer the CL in exchange for opening the Visa.

Offline Shmulyg

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Re: How to churn Sapphire Preferred?
« Reply #1813 on: December 20, 2012, 10:50:19 AM »
Why not convert to MC and apply for Visa? Worst case they will close the MC and transfer the CL in exchange for opening the Visa.
I just don't get the whole point of going through the conversion process. I have enough leverage from other cards to push through any up-and-coming Sapphire Preferred Visa app (i will obviously shift credit lines before closing). So why go through all the trouble? What's the benefit? Why is this card different from all others? I just don't get it.
« Last Edit: December 20, 2012, 10:54:20 AM by Shmulyg »

Offline Redbull3

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Re: How to churn Sapphire Preferred?
« Reply #1814 on: December 20, 2012, 10:52:37 AM »
I just don't get the whole point of going through the conversion process. I have enough leverage from other cards to push through any up-and-coming Sapphire Preferred Visa app (i will obviously shift credit lines before closing). So why go through all the trouble?

Because you can't have 2 SP visas at the same time AFAIK? How are you going to "push through the new visa app" without a) closing the first or b) converting existing and trying to have 2 SP?

Offline mmermss

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Re: How to churn Sapphire Preferred?
« Reply #1815 on: December 20, 2012, 10:56:37 AM »
Have the Visa. Just want to get the 40,000 again. Which time slot do i fall into? :)
I guess its how much of a "risk" you want to take.
I just don't get the whole point of going through the conversion process. I have enough leverage from other cards to push through any up-and-coming Sapphire Preferred Visa app (i will obviously shift credit lines before closing). So why go through all the trouble?
Because theres more of a chance of them approving a card when you offer to close an existing card rather then offer to transfer CL.  Of course if they deny first try to transfer CL and if they still deny only then close a card.  Anways regarding having two SP open now...it would very hard for them to approve that now.

As AsherO put it...
Let me #ELI5 it for you:

1. Can you approve my app?
2. Can you please approve my app?
3. Can you approve my app because (rebuttals to previous rejections)
4. Can you please approve my app by transferring $____ in credit from my existing _____ card? There'll be no additional exposure to Chase.
5. Can you please approve my app by closing my existing _____ card? I prefer the new card because [specify card benefits here] (don't say you're doing it for the signup bonus, duh! ::))...

It's not about the quantity of your posts.  It's about the quality.

Offline Shmulyg

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Re: How to churn Sapphire Preferred?
« Reply #1816 on: December 20, 2012, 11:03:26 AM »
Thanks to all the responders! Your time is truly appreciated!

But just to be clear:

As someone who never had a problem getting a Chase card approved (i always have credit lines to shift and cards to close), is there still any benefit of going the conversion route?

Offline nocknock

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Re: How to churn Sapphire Preferred?
« Reply #1817 on: December 20, 2012, 08:42:51 PM »
I had a Sapphire visa and changed it to a master will i get the bonus again?
(didn't close and open just changed it)
Quote
THANKS ALL OF YOU!!!! BUTT I STILL DIDN'T GET A CLEAR ANSWER.
PLEASE HELP ME AND IF THE ANSWER IS NO WHAT COULD I DO TO GET THE BONUS?

(for all those commenting read the thread. i read it and didn't get clear answer rules change every second page!!!!!!)

Offline Shmulyg

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Re: How to churn Sapphire Preferred?
« Reply #1818 on: December 20, 2012, 08:54:49 PM »
THANKS ALL OF YOU!!!! BUTT I STILL DIDN'T GET A CLEAR ANSWER.
PLEASE HELP ME AND IF THE ANSWER IS NO WHAT COULD I DO TO GET THE BONUS?

(for all those commenting read the thread. i read it and didn't get clear answer rules change every second page!!!!!!)

Based on my reading of this thread you will not get the bonus for merely changing from Visa to MC. Though, now you can reapply for the Visa and get the bonus.

Offline txtmax4

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Re: How to Successfully Destroy a Sapphire Card
« Reply #1819 on: December 24, 2012, 12:15:36 AM »
I have received the envelope depicted below inside this envelope, just noticed it.
Interesting indeed; As if I'm gonna save it all the way until my card gets cancelled  ::)
Also, by now I keep them on a stack on my desk (only SP, I have like 15), playing with it has proven to be a great stress reliever :)
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